Credit card bill payments can be delayed due to personal emergencies, often resulting in additional charges such as penalties and interest. Sometimes, a credit card may also expire during this period.
The payment of dues remains unchanged. However, your credit score will be impacted if you fail to clear your dues before the bill’s due date. This article will explore how to pay pending bills with a credit card after the due date.
What Happens if a Credit Card Expires: Even if your credit card expires, the dues and balance will remain the same, and your account will not be closed. Typically, banks issue a new card a few weeks before the due date.
Making Payments with an Expired Card:
Accessing Account Information: You can still access your account online or via your bank’s mobile app, even if your card has expired.
This will allow you to view any pending balances, dues, and their due dates. Checking your statement can provide further clarity.
Mobile Banking: Most banks allow you to pay credit card bills online, even with an expired card. You can use net banking or the mobile app to pay your dues by following these steps:
- Log into your net banking account or mobile app.
- Navigate to the credit card or bill payment section.
- Enter the details of your expired card and pay the pending amount through a linked bank account or UPI.
Using NEFT/RTGS: You can pay your credit card dues using National Electronic Funds Transfer (NEFT) or Real-Time Gross Settlement (RTGS). To do this:
- Use your bank’s net banking service and enter the account number associated with your credit card.
- Be sure to use the correct IFSC code for the bank issuing the credit card.
Check/Cash Payments: You can visit your bank directly if you cannot pay online. You can write your credit card account number on the check or deposit cash directly into the account (note that there may be additional charges for cash deposits).
Through Payment Apps: Apps like Google Pay and PhonePe can facilitate credit card bill payments. Open the app, select the ‘Credit Card Payment’ option, enter your credit card details, and make your payment.
Contacting Customer Service: Contact your bank’s customer service if you need help paying your dues. They can guide you on how to settle your expired card dues.
What If You Don’t Receive a New Credit Card by the Due Date? Banks generally issue replacement cards a few weeks before the old card expires. If you have not received your new card, contact your bank to inquire about the delay.
Be sure to pay your dues using the methods mentioned above during this time, as failure to pay on time will negatively impact your credit score and may hinder your ability to secure loans in the future.